AVOID 1099 PENALTIES

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AVOID POTENTIAL FOR PENALTIES. LATE 1099 FILING PENALTY IS NOT WORTH THE RISK Specifically, not providing a correct statement (intentional disregard) carries a penalty of $250 per 1099, with no maximum for the year. $50 penalty per 1099, if you file within 30 days of due date. $100 per 1099, if … [Read more...]

NEW TAX FILING DEADLINES

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NEW 2017 Filing Due Date (Tax Year 2016)   Calendar year S-Corporations             March 15th Multi-Member LLCs     *NEW               March 15th Partnerships   *NEW                               March 15th C-Corporations      *NEW                         April 15th … [Read more...]

NEW IRS FILING DEADLINES FOR 2017

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   W-2/1099 forms and Partnership/Limited Liability Company  have NEW FILING DUE DATES Beginning in 2017, the IRS has changed the deadlines for government filings. W-2 & 1099 forms are DUE  January 31. This means that you will not only be required to provide W-2 forms to your employees by … [Read more...]